Empowering Women Entrepreneurs: Enthuse Foundation and Amazon Unite
Enthuse Foundation Announces Amazon Sponsorship
In an exciting development, the Enthuse Foundation has officially announced that Amazon will be a significant annual program sponsor with a contribution of $100,000. This partnership marks a commitment to empower the next generation of women entrepreneurs, aligning with both organizations' goals to enhance support for women in business.
Grants for Women Entrepreneurs
As part of this partnership, the Enthuse Foundation will provide $20,000 in grants aimed at supporting women entrepreneurs. The initiative will kick off with two separate grants of $10,000 each, set to launch in conjunction with Women’s History Month. This financial support will not only celebrate women's contributions to business but also continue to open doors for aspiring female founders to access the resources they need.
Quotes from Leadership
Kim Lawton, the Co-chairwoman and CEO of Enthuse, expressed her enthusiasm about this collaboration by saying, "We are thrilled to be joining forces with Amazon to expand the reach of our mission to invest in the next generation of women founders and entrepreneurs through community, education, and capital." This statement highlights the foundation's commitment to fostering a robust environment for women in business.
Kristy Snyder, also a Co-Chairwoman of the Enthuse Foundation and Chief People Officer at Enthuse, added, "As women in business, we know we have to work harder to get the same opportunities for investment and access in the marketplace. This Amazon sponsorship will help us open more doors for women entrepreneurs and elevate our efforts for greater impact."
Abby Malchow, Manager of Small Business Partnerships & Education at Amazon, emphasized their support as well. She noted that more than 60% of sales through Amazon's platform come from independent sellers, most of whom are small businesses. Her remarks showcased Amazon's recognition of the vital role that women-owned businesses play in their marketplace.
In-Person and Virtual Events
Beyond financial support, the partnership between Amazon and the Enthuse Foundation will feature a series of in-person events in five major cities across the country, including opportunities for networking and pitch practice for women entrepreneurs. These events will be complemented by virtual gatherings, ensuring broad accessibility for participants nationwide.
The Enthuse Foundation Pitch Competition
Amazon will also take on the role of the official Marketplace sponsor at the annual Enthuse Foundation Pitch Competition. This event, set for November, will spotlight innovative women-owned businesses through a shoppable marketplace, presenting an opportunity for these entrepreneurs to connect with investors and industry leaders.
About the Enthuse Foundation
The Enthuse Foundation is a recognized 501(c)(3) non-profit organization dedicated to fostering a new generation of women founders and business leaders through various initiatives. Their efforts include community building, education, and opening up access to funding and resources that these business women require. Moreover, they host the annual Pitch Competition, which serves as a platform for women entrepreneurs to showcase their ventures.
Frequently Asked Questions
What is the purpose of the Enthuse Foundation's partnership with Amazon?
The partnership aims to empower women entrepreneurs through financial grants, educational resources, and collaborative events that promote business growth.
How much funding is being provided for the grants?
The Enthuse Foundation is offering a total of $20,000 in grants, with two separate grants of $10,000 each set to launch in March in honor of Women's History Month.
What types of events will be held?
Amazon and the Enthuse Foundation will organize in-person and virtual events focused on networking, pitch practices, and education for women entrepreneurs.
What is the Enthuse Foundation Pitch Competition?
It is an annual event that highlights women-owned businesses, providing them with opportunities to showcase their products and connect with potential investors and partners.
How can women entrepreneurs participate in these initiatives?
Women entrepreneurs can engage in the various events and grant opportunities organized by the Enthuse Foundation, which will be announced through their platforms.
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